Latest News
The German 12.5% FOB wheat APM for November loading was assessed at a €8 per tonne premium over the December Euronext contract...
The soybean CFR China (Brazil) basis assessment for November shipment was assessed...
Export inspections of US corn decreased by 19% to 933,274 tonnes during the week to Thursday October 3, from 1.15 million tonnes during the previous week, according to USDA data released on Monday October 7.
Export inspections of US wheat slipped by 34% to 363,460 tonnes during the week to Thursday October 3, from 550,935 tonnes the previous week, according to USDA data released on Monday October 7.
Export inspections of US soybeans were up 110% to 1.43 million tonnes in the week ended October 3, from the 682,852 tonnes recorded a week earlier, USDA data showed on Monday October 7.
The Russian wheat harvest progressed by another 5 percentage points to be 93% complete in the week ended Friday October 4, exceeding 83.8 million tonnes, according to data seen by Fastmarkets on Monday October 7.
Tunisia’s state-directed grain importer has issued an international tender to buy 125,000 tonnes of feed barley for shipment to arrive between late October and early December, according to a document seen by Agricensus on Monday October 7.
Saudi Arabia’s General Food Security Authority (GFSA) has booked 307,000 tonnes of wheat in a tender for December-January delivery, according to an official notice published by the agency on Monday October 7.
South Korean feed importer Korea Feed Association (KFA) has purchased around 60,000 tonnes of soymeal for March-arrival via a tender concluded on Friday October 4, trade sources told Fastmarkets on Monday October 7.
Algeria’s state-backed grain import agency Inter-professional Office of Cereals (OAIC) has returned to the market looking for optional origin milling wheat for November 1-15 and 16-30 November loading, according to an official document released on Sunday October 6.
Managed money investors in the US corn and soybean contracts, as well as in two of three wheat contracts, trimmed short positions in the week to Tuesday October 1, helping reduce net short positions, data from the Commodity Futures Trading Commission (CFTC) showed late on Friday October 4.
Brazilian soybean exports fell by 4.5% in September to 6.1 million tonnes, while corn shipments were 26.6% lower year over year, customs data released on Friday October 4 showed. The country exported 6.4 million tonnes of soybeans a year earlier.
Malaysian crude palm oil (CPO) futures rose sharply to a multi-month high on Friday October 4, with tensions continuing to escalate in the Middle East, while soyoil futures in Chicago gave away part of Thursday’s gains.
US and European wheat futures retreated for a second day on Friday October 4 while the dollar advanced against its peers, reducing the competitiveness of US exports.
Soybean futures ended the week down on the Chicago Mercantile Exchange on Friday October 4, mainly under bearish pressure from rain forecasts in Brazil while geopolitical tensions and US payroll data remained in focus.
US corn futures fell on Friday October 4 on advancing harvests across the Americas.
The Russian government marginally increased the export taxes for wheat and barley for the week from October 9 to October 15 but reduced the rate for corn, according to a note published by the country’s agriculture ministry on Friday October 4.
Fastmarkets commits to publishing on a daily basis the bids, offers, indicative levels or other cash trading indications on any basis and geography that relates to any of the vital markets that have strong ties with Ukraine.
The total area of corn planted in Argentina for the 2023/24 marketing year amounted to 7.9 million hectares, which represents an increase of 9.1% compared to the five-year average, according to an updated Buenos Aires Grains Exchange (BAGE) report using satellite images that was published on Friday October 4.